The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tommaso who wrote (158420)	10/19/2008 10:55:21 AM
From: Jim McMannis	Read Replies (1) of 306849

RE:"Maybe it has escaped your attention that the United States Government, which already has an enormous debt and an enormous deficit, is in the process of creating over a trillion dollars in electronic entries that are officially designated as money." Very true but I suggest a knowledge of TA to trade gold stocks. They are very anticipatory and don't always go the way you think they will. Two things drive them. Anticipation of inflation (late market cyclicals they are) and flight to quality in uncertain times. The later never seems to last long. The former is what you are looking for. Gold stocks themselves tend to get flushed out in market sell offs. Even if physical holds up. Because they are stocks and because of the ensuing fear of a deflationary environment. The best way to make money on them is trading short-intermediate term based on TA. Good luck.

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